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Z8 Sells For New Record Price

A BMW Z8 sold for a record auction price at an Artcurial
(https://www.artcurial.com/en/departm...rial-motorcars
/)classic-car sale that raised 7.2 million euros ($8 million).
Still, the top price was for a 1958 Mercedes-Benz Roadster, which
made 849,000 euros.
The Z8 sports car model has been boosted by its associations with
James Bond, who famously drove one in the movie “The World Is Not Enough.” With the
marque’s centenary approaching, the 2000 Z8 sold for 280,700 euros including premium. It
was estimated at 150,000 euros to 200,000 euros.
The 007 connection may well have assisted the Aston Martins in the sale too. A DBS Vantage
from 1970 changed hands for 200,300 euros, while a DB4 Series 4 from 1963 achieved 548,300
euros.
Two of a trio of Ferrari Berlinetta Boxers made the top ten prices. A 1978 512 sold for 381,400
euros and a 1983 512i went for 321,800 euros. Among Porsches, a 1993 964 Turbo 3.6 Exclusive
sold for 302 800 euros, and a 1988 930 Turbo fetched 271,800 euros.
The November “Automobiles sur les Champs”, the ninth annual edition, saw 80 percent of the
lots selling. Artcurial Motors had sales of more than 71 million euros in 2015, a tenfold increase
since it was created in 2009, said Matthieu Lamoure, managing director. Artcurial said it had
obtained the highest price for a car sold at auction during the 2014/2015 season, with the sale at
Retromobille in February of a 1961 Ferrari 250GT SWB California Spider from the Baillon
Collection for 16.3 million euros. Its next sale will be on February 5 2016, at the Retromobile
Salon in Paris.
LIFESTYLE / (/LIFESTYLE) AUCTIONS / (/LIFESTYLE/AUCTIONS) ARTICLE
Bond-Style BMW Z8 Sets Record, Chases
Mercedes at Artcurial Auction
BY MARK BEECH | NOVEMBER 03, 2015

Z8 Sells for 280,700 Euros = $307,240.18 US

Article stated:

A BMW Z8 sold for a record auction price at an Artcurial
(https://www.artcurial.com/en/departm...rial-motorcars
/)classic-car sale that raised 7.2 million euros ($8 million).
Still, the top price was for a 1958 Mercedes-Benz Roadster, which
made 849,000 euros.
The Z8 sports car model has been boosted by its associations with
James Bond, who famously drove one in the movie “The World Is Not Enough.” With the
marque’s centenary approaching, the 2000 Z8 sold for 280,700 euros including premium. It
was estimated at 150,000 euros to 200,000 euros.
The 007 connection may well have assisted the Aston Martins in the sale too. A DBS Vantage
from 1970 changed hands for 200,300 euros, while a DB4 Series 4 from 1963 achieved 548,300
euros.
Two of a trio of Ferrari Berlinetta Boxers made the top ten prices. A 1978 512 sold for 381,400
euros and a 1983 512i went for 321,800 euros. Among Porsches, a 1993 964 Turbo 3.6 Exclusive
sold for 302 800 euros, and a 1988 930 Turbo fetched 271,800 euros.
The November “Automobiles sur les Champs”, the ninth annual edition, saw 80 percent of the
lots selling. Artcurial Motors had sales of more than 71 million euros in 2015, a tenfold increase
since it was created in 2009, said Matthieu Lamoure, managing director. Artcurial said it had
obtained the highest price for a car sold at auction during the 2014/2015 season, with the sale at
Retromobille in February of a 1961 Ferrari 250GT SWB California Spider from the Baillon
Collection for 16.3 million euros. Its next sale will be on February 5 2016, at the Retromobile
Salon in Paris.
LIFESTYLE / (/LIFESTYLE) AUCTIONS / (/LIFESTYLE/AUCTIONS) ARTICLE
Bond-Style BMW Z8 Sets Record, Chases
Mercedes at Artcurial Auction
BY MARK BEECH | NOVEMBER 03, 2015

I'm curious if it was one of THE movie cars or something. My client over there recently paid 250,000 Euro for a Z8. Paying that over there is like paying $200,000 for one here as the VAT and Import tax total 31% and you still need to ship it there, register it, and federalize it to EU standards. Your $200,000 Z8 ends up more like $280,000 by the time it's in your European villa's driveway with a plate on it.

Article gave no indication of mileage or provenance regarding being in the movie. I didn't get the feeling it was in the movie as most of those cars were prop cars. I can only assume that it was a low mileage and well kept example of our cars in impeccable condition.

I agree that the value of our Z8's will continue to rise but I have no idea how much people might be willing to pay in the future. And to me it does not really matter.

I never bought my Z8 as an investment. I never even considered that I decided to buy my Z8. I bought it because I fell in love with the way it looked and how it performed. I was just fortunate that I made a good decision based on instinct.

With the recent increases and record setting prices people are willing to pay for a Z8, my wife has suggested that I sell mine. That is not going to happen. I don't care about how much someone will pay me. I want to own and drive the car.

I'll never sell it. I do store it in Winter along with my MB 550SL. Neither car can be driven here in Michigan safely during the Winter months. Fortunately, we have a couple of SUVs (BMW & MB) that we use during the Winter.